Not Bitcoin, not Ethereum: CNBC names XRP as the "Hottest Cryptocurrency of the Year"

BTC1,31%
ETH2,98%
XRP3,12%
SOL1,35%

CNBC publicly named XRP as the “Hottest Cryptocurrency of the Year” on the popular financial program “Power Lunch,” which quickly drew market attention. The show’s host Brian Sullivan straightforwardly stated that the most outstanding mainstream crypto asset this year is not Bitcoin or Ethereum, but XRP, with its significant gains and market cap ranking showing clear advantages.

Sullivan pointed out that XRP has gained over 20% since the beginning of the year, significantly outperforming Bitcoin and Ethereum. Currently, XRP’s market cap has risen to the third largest cryptocurrency in the world, behind only Bitcoin and Ethereum. This ranking change has become an important basis for CNBC’s “Hottest of the Year” evaluation.

In terms of price performance, XRP opened at $1.84 when entering 2026, then quickly strengthened, reaching a high of $2.41, with a staged increase of 30.97%. Although recent market technical corrections caused XRP to fall back to around $2.25, the total increase for the year remains above 22%, demonstrating relatively strong capital support.

By comparison, Bitcoin’s price at the start of the year was about $87,508, reaching a high of $94,762, with an increase of approximately 8.28%; Ethereum rose from $2,967 to $3,303, with an increase of about 11.32%. Among mainstream assets, XRP’s performance is clearly leading, further reinforcing its position as a “front-runner” in this stage.

CNBC reporter MacKenzie Sigalos analyzed the logic behind XRP’s rise, noting that this is not short-term speculation but the result of multiple factors working together. She mentioned that, against the backdrop of a generally weak crypto market in Q4 2025, some funds have begun to pre-position in XRP. Notably, XRP ETFs continued to attract funds during the market downturn, with a net inflow of $1 billion in the first month, and no net outflows, forming a stark contrast to the volatility of Bitcoin and Ethereum ETFs.

Additionally, Sigalos believes that XRP is more “trading-friendly,” more resilient, and easier to benefit from capital rotation compared to BTC and ETH. As market focus shifts from leading assets to projects with clear application scenarios, XRP and Solana are gradually being viewed as “the next hot choices.”

She emphasized that XRP’s long-term positioning in cross-border payments, its transaction speed advantage, and low-cost features remain key to attracting real-world financial institutions. This also means that current capital flows are tilting toward blockchain assets with practical financial application potential, and XRP’s strong performance at the start of the year is a direct reflection of this trend.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Willy Woo: Bitcoin Fundamentals Are Strong But Bottom Not Yet Formed, Warning Current Rally Could Be Bull Trap

Bitcoin analyst Willy Woo points out that Bitcoin's trend is strong, with prices poised to break through the mid-80,000 dollar level. The current rally is mainly driven by the futures market, and short-term capital inflows could trigger volatility. Woo warns that the bottom structure has not yet formed, liquidity indicates that the bear market is still continuing, and the rebound could be a "bull trap."

GateNews14m ago

A certain whale opened a $4.1 million BTC long position with 40x leverage, with a liquidation price of $73,463.

Gate News reports that on March 17, an address starting with 0xa95 opened a BTC long position with 40x leverage within the past hour, increasing the position to a total of $4.1 million, with an average entry price of $74,398, and a liquidation price of $73,463. Currently, this position has an unrealized loss of approximately $13,000, representing a 13% loss. Additionally, within the past 10 minutes, the address placed a market stop-loss order close to the liquidation price, with the stop-loss set at $73,468.

GateNews23m ago

Bhutan Government Transfers 21.52 BTC Worth $1.6M to QCP Capital and New Wallet

Gate News bot message, The Royal Government of Bhutan transferred a total of 21.52 BTC in recent transactions. According to on-chain data, 20.5 BTC valued at $1.52 million was sent to QCP Capital. Additionally, 1.02 BTC worth $75,900 was transferred to a newly created wallet address, with expectatio

GateNews25m ago

Base58 Labs’ BASIS 2026 Blueprint Forges a New Standard for BTC, ETH, SOL & PAXG

London, UK, March 17th, 2026, Chainwire New roadmap positions BASIS as an institutional-grade digital asset management platform built for macro volatility, tokenized safe-haven demand, and frictionless Web3 onboarding. Base58 Labs today unveiled the BASIS 2026 Technical Blueprint &

BlockChainReporter38m ago

Today's Cryptocurrency News (March 17) | Bitcoin Surges Toward $75,000; MicroStrategy Adds $1.57 Billion in BTC

This article summarizes cryptocurrency news from March 17, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Today's major Web3 events include: 1. China's "15th Five-Year Plan" outline: Implementation of the national blockchain network construction project and participation in international digital currency governance; 2. Robert Kiyosaki warns of global market collapse, Bitcoin could surge to $750,000; 3. Institutional capital inflows drive Bitcoin ETF consecutive six-day net inflows, with BTC price rising over 12% during the period.

GateNews44m ago
Comment
0/400
MrKingvip
· 01-07 08:02
Buy To Earn 💎
Reply0
MrKingvip
· 01-07 08:02
2026 GOGOGO 👊
Reply0
MrKingvip
· 01-07 08:02
Happy New Year! 🤑
Reply0
PushYouIntoTheRivervip
· 01-07 07:51
Just sent it to you
View OriginalReply0